Electrolux 2011 Annual Report Download - page 187

Download and view the complete annual report

Please find page 187 of the 2011 Electrolux annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 189

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189

The Annual General Meeting will be held at 5 pm on Tuesday,
March 27, 2012, at Stockholm Waterfront Congress Centre, Nils
Ericsons Plan 4, Stockholm, Sweden.
Participation
Shareholders who intend to participate in the Annual General
Meeting must
• be registered in the share register kept by the Swedish central
securities depository Euroclear Sweden AB on Wednesday,
March 21, 2012, and
• give notice of intent to participate, to Electrolux on Wednesday,
March 21, 2012.
Notice of participation
Notice of intent to participate can be given
• on the Internet on the Group’s website;
www.electrolux.com/agm2012.
• by telephone +46 8 402 92 79, on weekdays between 9 am
and 4 pm
• by mail to
AB Electrolux
c/o Euroclear Sweden AB
Box 191
SE-101 23 Stockholm
Sweden
Annual General Meeting
Notice should include the shareholder’s name, personal identity
or registration number, address, telephone number and the num-
ber of assistants attending, if any. Shareholders may vote by proxy,
in which case a power of attorney should be submitted to
Electrolux prior to the Annual General Meeting.
Proxy forms in English and Swedish are available on the Group’s
website; www.electrolux.com/agm2012.
Shares registered by trustee
Shareholders that have their shares registered in the name of a
nominee must, in addition to giving notice of participation in the
meeting, temporarily be recorded in the share register in their own
names (so called voting-rights registration) to be able to partici-
pate in the General Meeting. In order for such registration to be
effectuated on Wednesday, March 21, 2012, shareholders should
contact their bank or trustee well in advance of that date.
Dividend
The Board of Directors proposes a dividend for 2011 of SEK 6.50
per share, for a total dividend payment of approximately SEK 1,850m.
The proposed dividend corresponds to approximately 85% of
income for the period, excluding items affecting comparability.
Friday, March 30, 2012, is proposed as record date for the dividend.
The estimated date for payment of dividend is Wednesday April 4,
2012.
The Group’s goal is for the dividend to correspond to at least
30% of income for the period, excluding items affecting compara-
bility. Historically, the Electrolux dividend rate has been consider-
ably higher than 30%. Electrolux also has a long tradition of high
total distribution to shareholders that includes repurchases and
redemptions of shares as well as dividends.
annual report 2011 annual general meeting
Dates regarding the AGM 2012
September February March April
2011 2012
23 Nomination Committee
appointed for AGM 2012
15 Proposals from Nomination
Committee
17 Notice to AGM
21 Notice of intent to participate
in AGM
21 Deadline for share register
27 AGM 2012
30 Proposed record date for
dividend
4 Estimated date for payment of
dividend
104